California · Insurance Code
INS §12408.5: (a) Notwithstanding any other provision of this article no title insurer, no controlled escrow company, and no underwritten title company shall pay any commission for the solicitation or negotiation o
What this law says, in plain English
Title insurers and escrow companies cannot pay commissions for soliciting title insurance services, except to salaried employees based on production. Employees cannot rebate compensation to drum up business.
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